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Oct 9, 2012 5:00pm PDT
are so heavily vested in government bonds. the report says japanese government bonds account for 24% of assets of banks in japan. the institutions could suffer heavy losses if bond prices plummet. banks around the world see japanese and u.s. government bonds as safer assets in the face of the prolonged credit crisis in europe. they snapped up japanese bonds, causing the yen to spike to record levels. imf economists note japan and the united states are facing huge deficits and the countries need to implement fiscal reforms to maintain investor confidence. it also acknowledges a decision by eurozone countries to launch a permanent fund designed to bail out struggling members. they say worries about the health of the region's financial system have increased since the spring with the need to use capital to help troubled banks in spain. >>> greece is one of the struggling eurozone members counting on bailout funds to keep it functioning. international lenders are demanding the country's politicians implement deep spending cuts in return for that aid. angela merkel traveled to athens to u
Oct 10, 2012 7:30am EDT
. it is not. >> the man there says it is time for governments off to act. he said the biggest risk is the euro zone. private sector money pulled out from peripheral economies in the region back into the core ones. that is pushing up borrowing costs for government, banks, countries, italy and spain. this he is says feeding a further downturn to. reap ver to reverse the situation is well timed fiscal consolidation and they need to do this reducing excessive debts. economists fame size steps need to be take in to boost foundations beneath banks they hope the european stability and bond buying program will help rebuild investor confidence. they suggest a unified system to supervise banks must be m playment pla -- implemented. economists point to japan as a risk. they project bank holdings of government bonds could increase to a third of total assets in five years. institutions could suffer heavy losses if interest rates rise. now the imf report suggests banks need a further boost to their balance sheets. and it said the japanese government should take tougher measures to deal with its budget probl
Oct 10, 2012 6:00am PDT
for governments and banks in countries such as spain and italy. vinals said neighbor nations need to do their part toward stability. policymakers need to build stronger firewalls and establish a banking union and a single supervisor. he said weak banks need to restructure their financing. now, vinals said what's happened in europe should serve as an example for financial leaders in the united states as well as here in japan. he said waiting until the strains become clearer just leads to harsher outcomes. vinals says japan's high level of debt presents a stability risk and said the government leaders need to deal with budget problems. they pointed to commercial bank holdings of government bonds as yet another risk. they project in five years bonds could make up a third of those banks' total assets and they warned those institutions would suffer heavy losses if interest rates rose. now, vinals said japanese leaders need to be more vigilant about their risks. i had a chance to speak with him about some of the problems and some of the solutions. mr. vinals, you spoke this morning about japan remaining
Oct 12, 2012 9:00am EDT
something else for us which is to go to checklist of questions to do with for instance, government strategies, the presidential succession and so. so i'm going to deal with that first. one of the facts about algeria that is always to be borne in mind is that, of course, is an oligarchy, which means that it's the political problem of voucher is quite unlike tunisia around ben ali or egypt under a site. at an underbelly -- oligarchy which gives it a great deal of flex builder which gives it a range determined by the oligarchies own repertoire. i want to put the word repertoire after because i think the crucial problem of algeria, the absence of disciple change arises out of the limitations of the repertoires of the regime and of the opposition. i'm going to focus on the opposition in a moment. government strategy has been a sophisticated strategy involving at least five different elements. it's done a lot of flying off of discontent since the rights of january 2011. quite spectacular pay rises, virtually everybody demanded him and everybody did demand them. is allocated a lot of mone
Oct 11, 2012 7:30am EDT
governments, really they're overwhelmingly focused on domestic issues. s europeans are dealing with nothing but crisis in europe for the last three years. that's going to continue. that's occupying everything. the americans have an election coming up in four weeks. and there's much less interest in the united states in being the world's policemen or lender of last resort. japanese, you have prime minister every week. i mean, the level of consistency in governments here is just not feasible. and so really that does limit what can be done in any of these four. look, the longer the g-0 persists the more dangerous. so the persistence of the g-0 does lead to the creation of a new system. this is not a new world order. this is in between. precisely because you can't deal with the middle east conflicts in a g-0 world. you're not dealing with climate effectively in the g-0 world. new things will emerge. looking at the nape of the middle east right now, looking at how deep the european crisis is, how unwilling americans are to look outside their borders today, how much transportation is required wit
Oct 12, 2012 12:00am PDT
. but the spanish government complained today that move will only make things worse. >> ( translated ): what everybody needs to have in mind is that political stability is also listed on the stock exchange, and there are a lot of everyday questions for government and citizens that depend on political stability. when some actions or decisions generate political instability, it is much harder to get financing. i am not only talking about financing for public administration, but also for individuals and companies. >> sreenivasan: meanwhile, the government of greece reported unemployment reached a record of more than 25% in july. the rate among young people, 15- to-24 years old, is double that 54%. an outbreak of fungal meningitis in the u.s. has now claimed 14 lives. the centers for disease control reported the latest count today. it said a total of 170 people have been infected across eleven states. the outbreak has been linked to steroid injections for back pain that came from a specialty pharmacy in massachusetts. roughly 14,000 people received the shots. in pakistan, a 14-year-old activist
Oct 10, 2012 12:00pm EDT
enduring presence will be, and we're working on that right now both internal to our government, but also with our nato allies. so we're trying to determine based on the agreements made in lisbon and then reinforced in chicago about what this long-term commitment will be, and it's scoped against several missions, one of which is counterterror, another of which is continuing to train and advise at some level. another is to enable other agencies of government to do their job in afghanistan. and so as we determine how to, what we'll need to accomplish those missions based on the growth of the afghan security forces, sometime early in 2013 we'll come up with a number that will define our enduring presence. and then we'll take what we have there now, which is 68,000 u.s. and about 30, 34,000 coalition partners, and we'll establish a glide slope to get from where we are to where we're going to be. and the important point is that in that question is i want to reinforce that our objectives remain both sound and achievable. as for the insider threat, as i mentioned in my prepared remarks, the insi
Oct 11, 2012 6:00am PDT
the job of rewriting the rules of finance. government leaders need to tackle what she calls a legacy of high debt. lagarde says they should focus on getting people, particularly young people, back to work, and they should address the imbalances between rich and poor. she says financial leaders need to lift a veil of uncertainty. >>> one of lagarde's deputies says everyone at the imf world bank meetings is focused on uncertainty. our ron madison talked with joo ming to find out what he hopes will come out of this conference. >> which hold the most threat do you think of potentially derailing a fragile economy? >> the current risk number one is still the european crisis. if the crisis intensifies, it can cause skwit a bit of damage for the whole world. we did a study to see if one extreme case, for example, if things go, it could cause roughly 6% of gdp impact itself and roughly 6% for uk collective gdp impact, rough ly 2% for u.s and 2% for japan and china and the rest of the world. so, this is a pretty serious situation. >> we're seeing a slowdown now in china just ahead of the chang
Oct 8, 2012 8:00pm EDT
on them by the government. >> he estimates the fact that as governor in eliminated the estate tax and took more than 100,000 low income virginians of the income tax rolls. i just thought i would correct him there. george and i have very different strategies. this is one of the most important programs that has ever been done by the government. more than 50% of american seniors have retired into poverty before it was passed. thank you we have -- thank god we have those days behind us. that would've been a huge catastrophe prior to the collapse in washington. what i would do is allow the payroll tax of words as a way of protecting the solvency of the program. on medicare, george allen supports the ryan budget that would turn medicare into a voucher program and push costs onto the seniors. i propose a senior savings costs, for example ending the prescription -- that we get. that would save us without jeopardize in the benefit of all. >> mr. allen, to ask both of you to take one minute to respond to tim kaine's assocation about medicare and to support the ryan budget? >> what i support is prese
Oct 8, 2012 5:00pm EDT
. we need to take a very different way of looking at how the federal government spends money. i support a moratorium on your marks because it had gotten out of control before it to congress. but that's the beginning slice of a much bigger question about how we bring down the size of the federal government. i have called for a 1% reduction in overall discretionary spending. i have called for a balanced approach on deficit reduction requiring the wealthy to pay more and more cutting in the federal government. >> you have 90 seconds. >> again, shame on you. you thought this campaign is going to be a coronation because you're a democrat and now you are in a serious race with a serious woman and you are desperate. therefore you raise these issues. my plan sites every word that i used from the brightest in the best to but my plan together. you would be better served to be putting a plan together. you need to be honest with the people of connecticut. you need to be honest about your special interest loans. to be honest about your attendance in washington. shame on you for taking this direction
Oct 10, 2012 2:30pm PDT
that involves getting agreement from two companies, three governments, and that is incredibly difficult to do. the euro crisis has not helped, and in the end, you have to say investors in this company have not been convinced of the logic of this deal. you can see that from the fact that the eas share price has risen sharply on the news of the collapse of these talks. >> the international monetary fund has called on europe's leaders to do more to tackle the eurozone debt crisis. at the imf's annual meeting, leaders said the flow of money out of searching countries was particularly country. the imf chief also urged greece to take more concrete and urgent action to cut its spending. >> let's turn to the markets now and take a quick peek at some numbers. the dax ended the day almost 0.5% down. euro stoxx 50 closed 2% down. the dow jones currently going down 1%. the euro is trading at $1.2897. >> in germany after months of intense public debate, the government has unveiled new legislation aimed at regulating circumcision of young boys. >> it is to overturn a regional court ruling in may that circu
Oct 9, 2012 2:00am EDT
spending but he also believed the government had a positive role to play. the interstate highway system, which eisenhower -- which was eisenhower's brainchild. [applause] more money was spent on the intraday -- interstate highway system than the new deal from 1839 to 18 to 41 with zero impact on the budget because it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. president truman had ordered the army to be desegregated in 1950 but the that the army had not complied. 85%
Oct 6, 2012 8:45pm EDT
is hurting and the federal government has not provided the sound oversight that we need and that we deserve and we need reform to that end. john mccain, thankfully, has been one representing reform could two years ago, john mccain was the one who pushed so hard for the fannie mae and freddie mac reform measures. they did not want to listen to him and would not go to the reform needed then, think that the alarm has been heard and there will be greater oversight thanks to john mccain's bipartisan efforts. even suspended his own campaign to make sure that he was putting politics aside and putting the country first. >> and senator biden, how, as vice-president, would you work to do with the polarization in washington? >> that is what i have done my whole career. dealing with violence against women and putting more police officers on the street to try to get something done about the genocide and what is going on in bosnia, i have been able to reach across the aisle. but it is fair to say that i have almost as many friends in the republican side of the aisle as i do in the democratic side of the
FOX Business
Oct 9, 2012 11:00am EDT
that is operating out there on a network. it's our government infrastructure, our public infrastructure, water, the electricity grid. the grid is a massive concern right now. this issue, this cybersecurity, cyber hacking, theft of information, interference with our systems, it doesn't get the sort of coverage that it needs to get. it's still as a threat to the u.s. national security interests. it's still kind of lurking there in the shadows because of course we've been focused on the war on terror, on iran, on syria, you know, the arab spring, and so it does not get the coverage. i'm very glad that you guys are leading with this story. connell: it also could be -- you are ight about the angle then which is what we led with today about the war on terror and the possible retaliation for this video and everything else, but adam brought up the idea -- and this has been in the news this week of our relationship with china and this company 60 minutes focused on over the weekend, and you have another company zte which the house pommittee yesterday talked about. this is a murky area because obviously
Oct 10, 2012 9:00am EDT
, to demolish or damage government aid programs. many of them designed to help children and the poor. >> the bombing in oakland the city has focused renewed attention on the rhetoric that's been coming from the right and those who cater to angry white men. although no one is suggesting right wing greater jocks approve of violence, the extent to which the approach fosters violence is being questioned by many observers. >> i don't think i think jesse jones defenders here. >> not me. i think you have to be worried about that's what's going on in the good lord's mind, because if there's retributive justice, he will get aids from a transfusion or one of his grandchildren will get it. >> it finally dawned on me that the person can start has reminded me of facially all this time was heinrich himmler, including his glasses. >> this advice, mr. bush, shut the hell up, good night and good luck. >> they have waved signs liking president obama to hitler and the devil can raise questions about whether he was really born in this country, falsely accuse him of planning to set up dead panels -- deat
Oct 10, 2012 6:00am EDT
that ensued. i'm not the first person to question the government numbers and hopefully i won't be the last. and he references someone who's criticized him a lot, which is rich austin golsby, our guest friday morning after the jobs report. jack mentioned a op ed in "the new york times" back in 2003, and in that piece, goolsbee spells it out. in other words, the government has cooked the books. when people serve manager the military were classified from not in the labor force to employed in order to reduce the unemployment rate. nonetheless, the impact has been the same. he was making the point that there was a jobless recovery that came later because they had notless the unemployment rate rise to the level where it would have been normally. and jack is going to join us at 8:00 eastern. the people that we've had have talked about jack have just pointed out, look, it's at 7.8 for whatever reason. you've got part-time workers. all these census workers call people and find out whether they're working. if you've done anything in the last month, you could theoretically call them part-time. >> if
Oct 12, 2012 6:00pm EDT
about revenge and this kind of stuff. guess who does more than anybody? our leaders, our government, the people who are supposed to run everything. >> first, the european union wins the nobel peace prize. we will speak with tariq ali, commentator and writer. all of that and more coming up. this is "democracy now!,", the war and peace report. i'm amy goodman. we are on our 100-city tour, broadcasting from albuquerque, new mexico. vice-president joe biden and republicangress member and vice presidential nominee paul ryan squared off in the first and only vice presidential debate thursday night with a series of lively exchanges over domestic and foreign policy. joe biden was seen as playing a more aggressive role in a debate that saw sharp critiques on both sides. topics ranged from medicare and abortion to iran. the deadly attacks on the u.s. embassy in libya featured prominently in the debate with ryan criticizing the administration over what he said was a lack of embassy security. >> imposing these devastating defense cuts for it what that does when we equivocate we
Oct 13, 2012 7:00pm EDT
. it means that we are helping state and local governments set up road projects and bridge projects that keep people in their jobs. and then long term, we've got to fix our health care system, we've got to fix our energy system that is putting such an enormous burden on families. you need somebody working for you and you've got to have somebody in washington who is thinking about the middle class and not just those who can afford to hire lobbyists. >> senator mccain? >> well, thank you, tom. thank you, belmont university. and senator obama, it's good to be with you at a town hall meeting. and, alan, thank you for your question. you go to the heart of america's worries tonight. americans are angry, they're upset, and they're a little fearful. it's our job to fix the problem. now, i have a plan to fix this problem, and it's got to do with energy independence. we've got to stop sending $700 billion a year to countries that don't want us -- like us very much. we have to keep americans' taxes low. all americans' taxes low. let's not raise taxes on anybody today. we obviously have to stop this spen
Oct 10, 2012 11:00pm EDT
. europe is a mild recession. you could argue not worse, but the government has spent 50% of the money. in asia is slower but nothing mystical or different than the newspapers. the united states is fundamentally stronger than people think much of the reasons for that a little bit later. in latin america, you know, some groups are slower, but obviously a slowdown quite a bit. >> in a show you seem sanguine about peer what about india slowing, china slowing, china slowing, china slowing and they're going they're going to need to check its good remember is to be a lot higher. they need the 7% or 8% to avoid the social unrest and to build the infrastructure. i think they're going to need that. they're going to change the leadership to be smooth and will continue former policies of the government, but they have the wherewithal. so they've got $3 trillion in reserves and capability to maintain. they move very quickly. so the stimulus package after the crisis they think was like seven months after the crisis, they did in fact, literally. so they know what they want to accomplish. i don't beli
Oct 8, 2012 12:00pm EDT
of the government, i don't receive any royalties, so the price has been set very low, and i hope you all enjoy it. [laughter] >> let's talk a little bit about the idea that these machines have proceeded us to mars. is it still, ultimately, the target to put a human being there? >> for sure. and it's sometimes very surprising if you talk -- all of the scientists i spoke to really want to be there. they, they sense that they need to be there in order to do exploration the way it should be done. and part of it has to do with all those limitations that i talked about. they all want to go in different places. we'd accomplish a lot more with six people than six people standing on a skateboard together. and i think your point, though, about anticipating or preparing has become more and more real. i don't think we understood that so well before mer. that we could for reasonable cost put these rovers in different places around mars and figure out where would we want to go, where should we land, where should the human landing be. >> so what's the time limit? >> what's that? >> what's the timeline? >> write
Oct 7, 2012 2:00pm EDT
declaring war irdlede pscriptiondrugexpaded they are concerned with the lack of accountability in government. in the case of occupy, it's wall street, and guess what -- they are both right. >> he summed it up beautifully. >> when you were running, it was a matter of people getting to call into an 800-number. now we're into this world of social media, where you can tweet something out in a matter of seconds. do you think that would make a third-party iran or any kind of a people's movement easier today than it was 20 years ago when you had to rely on people calling in to a phone number? do you think the computer revolution, which you have been involved since the start, and in particular at the social media revolution of the last several years, should create a situation where you are on twitter, where you can mobilize people more easily? >> sure. >> shouldn't that make the type of solution you are talking about, people demanding change, similar to have? >> that is what we need, and i think that is a good way to do it. >> the problem would be they have the tools today to instantly to mobilize.
FOX News
Oct 9, 2012 6:00am PDT
, of course he wants to hire more government workers. look, all of these things have not ignited our economy the way it should be ignited. we've seen the slowest recovery from a recession. bill: john roberts traveling with the campaign. live in vanmeter, iowa, that is west of des moines. what is happening there, john? >> reporter: good morning. governor romney will be talking agriculture today. not surprisingly we're on a 700 acre farm owned by the cook family. a lot of soybeans and corn here. we're in madison county. governor romney won this in the caucuses by the way. he will argue the president's policies things like estate taxes, climate change, environmental regulations, energy policy are hurting farmers. he continues to go after the president on issue of jobs of the even though the unemployment number is down below the psych lodge call level at 8% on the stump in newport news, governor romney found a new way to use it. >> if you look back 60 years, at all the months we had unemployment before 8% before president obama. there were 39 months. in all 60 years with unemployment above 8%. u
Oct 7, 2012 7:00am EDT
people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighters and park rangers across the country. republicans in the senate voted that plane down. ask them why som
FOX News
Oct 6, 2012 9:00am PDT
took both counties four years ago and the government hitting on thes between himself and the president this weekend. >> he for instance is going to raise taxes and his vice-president blurted out the truth. they plan on raising them trillion and it is two trillion when you put it together. that is an increase on taxes in maul business and that will mean less jobs. >>> and in the meantime obama campaign continues to hit mitt romney on the idea of being dishonest and nigh add out there saying he was not for a five trillion tax cut he was lying about that as he was when he said the president wants to raise the taxes $4000. obama disputed that that was independent but did not dispute the $4000 figure. and in the meantime president in cleveland making fun of mitt romney. listen to this. >> for all of you moms and kids out there. don't worry, somebody is getting tough on big bird. elmo, you better make a run for it. governor romney is going to let wall street run wild again but bring the hammer down on sesame street? >> and democrats are wondering where that president obama was in the debate
Oct 10, 2012 5:00pm PDT
may heighten social discontent, as well as friction between the central and regional governments. the smp says prospects for the bonds were negative, suggesting further downgrades could follow. spanish leaders asked the eu in june for financial support to boost the capital of domestic commercial banks which are weighed down by bad loans. they may have to ask more bailout funds because the country's regions are asking the central government for financial assistance. >>> people around the world are feeling the effects of the global economic slow-down. but the poor and the young feel it more. ron madison spoke with the manager of the world bank to learn what can be done to lessen the burden millions share. >> reporter: some region developing the fastest are seeing some of the worst cases of poverty, significant portions of the populations living in poverty. that figure is expected to decline in 2013 from 2010. but still, fully 24.5% will be living on about $2 a day. what more now needs to be done to address poverty? >> i think in the next ten years they acquire a lot of risks. first
Oct 11, 2012 4:00pm PDT
for the launch of this government school. 3 million afghan girls are getting some education. it still leaves 2 million that have never been the class. but attitudes are changing. >> hi bring the women of afghanistan up to the level, the owner of the future. and they are the owner of all that is happening. >> it is a new era for these girls. now learning to play cricket. they have had to stay at home if the taliban were still in power. curious about me and keen to talk, but outside, they face many restrictions and uncertainty about their future after nato forces pull out. this is one example of the progress has been getting a high school in the past 10 years, but in the rural and less secure areas, there are millions that are not getting any kind of education and are under pressure to get married while still a school age. it is tough being a girl in afghanistan, but they are making a much bigger market. >> for more on the efforts of girls around the globe to get an education, i am joined by the ceo of women for women international. we have had two different sides of the same story, the girl's s
Oct 10, 2012 4:00pm PDT
and if they can't make up their mind, how can we know for certain that an islamic government is what we really want? >> and so, senator, why did you choose this way? you were very specific in your criticism. it's not just mitt romney. lindsey graham, john mccain have said they're in favor of arming the rebels in syria. had you already tried to talk to mitt romney and he wasn't listening? >> well, we've had a couple of differences and i support governor romney and think he will make a great president, but on foreign policy, i think there's too much agreement between the republicans and democrats. but i think the people are tired of war. when you talk to republicans or democrats now, i think it's almost universal. people want to come home from afghanistan. you know, there's such great sorrow when you think about our same police and soldiers being helped. so i've seen a great movement in recent weeks towards really wanting to come home and i don't want governor romney to think it is a good thing to appear more bellicose. i think there are more republicans and independents who don't necessarily wa
Oct 9, 2012 6:00am EDT
, and run one of the most responsive city governments in the nation. even when that means rescuing citizens from burning buildings in the morning and shoveling snow from their driveways in the afternoon, i can only guess that come nightfall, perhaps a cape gets thrown into the mix there. he has fought for marriage a quality, and he has never shied away from calling out politicians like governor chris kristi, who vetoed our equality. as the co-chair of the democratic party platform committee this year, our guest led the way on securing a pro- marriage a quality plank in this party's platform. ladies and gentlemen, it is my privilege to introduce a mayor who fights for you, mayor cory booker. >> ♪ i've got the moves like jagger. i've got the moves like jagger. i don't need to try to control you. look into my eyes and i'll own you with the moves like jagger. ♪ >> good evening, everybody. [applause] i feel the excitement. i am telling you right now, this room right here has within it the spirit of our common ancestor. i am not talking about ancestry, blood ties. it can access the spirit of
Oct 9, 2012 5:00pm PDT
after that incident. > departments in the bay area feeling the squeeze as the government cuts grants to help those departments. figures show that this year the government cut $140 million in financial aid to local fire departments. california was already hit with a two million dollar reduction in federal fire grants in 2010. the united states fire administration which helps local firefighters is also poised for a budget cut. >> they are limited dollars. locally they struggle with budgets at the federal level. >> reporter: oakland officials say their department is dealing with tough economic times and they say they will have to start looking for other sources of revenue if grants continue to dry up. >> now to the election coverage. romney has taken a slight lead over the president. according to polls, in the five- days after last week's debate 49% of likely voters say they support romney, 47% say they back obama. however, among all registered voters, the president still holds a three point lead over romney. >> the folks behind seasame street asking the obama campaign to stop runnin
Oct 8, 2012 8:00am PDT
this in syria. so something going on as we speak. the u.s. government did this with libya. basically arming the opposition. and you know, your men ri's men ri is only my friend for so long. is that a wise approach? >> no. i have spent time on this issue. there's no doubt providing nonlethal communication support is extraordinary important and secretary clinton announced massive amount of humanitarian assistance and ku dos to the administration for doing that. the real problem here is that there's this struggle within the romney campaign itself over syria between neo-conservatives to militarily intervene and those who actually are more reticent and the problem is that mr. romney flip flops between one group and the other and can't quite decide which one is more important. the bottom line, however, for purposes of american interest in the middle east, arming a rag tag group of rebels at this point in time is inconsistent with understanding when's going to emerge of syria in the long run. one of the reasons why i'm reticent is because we don't really know who the rebels are. some of them are a
Oct 9, 2012 12:00am PDT
to continue to fund and support these governments. i think that's a very legitimate point. but on the one hand, he says -- you know, he blames obama for whatever tension there is in the u.s./israel relationship today and i would argue there's very little tension in the state-to-state relationship but a lot of tension between the prime minister of israel and the president of the united states. but all of that is entirely obama's fault. anything that's wrong with the u.s./israel relationship is obama's fault. the fact that the prime minister of israel has continued with a settlement policy which is extremely controversial in israel somehow comes no where into the equation. so we're supposed to believe on the one hand that america's supposed to lead the arab world from the front with one hand while adopting a policy toward israel that is more pro-israeli than anything any government in washington has articulated for a long time. how the two of them will go together i don't know. and for good measure, though-- and i think this is praiseworthy-- governor romney has called for a palestinian state an
Search Results 0 to 49 of about 97 (some duplicates have been removed)